Canara Bank Specialist Officer job is a highly prestigious job and every year lakhs of candidates participates in prelims, mains examination for recruitment on the posts of Specialist Officer. Those, who had applied for Canara Bank Specialist Officer Recruitment, must be wondering for Canara Bank Specialist Officer Salary. Also, the Canara Bank Specialist Officer salary is slightly higher than the probationary officer. So here we are going to provide you with full details regarding Canara Bank specialist officer salary, exam pattern, pay scale, growth, incentives, hike etc.

Canara Bank Specialist Officer Post Details

Depending upon their place of posting, the broad job profile the TFOs recruited in the Bank would be as under:

Construction, Inspection and periodical maintenance of Bank owned properties, acquisition of immovable properties, acquisition of leased properties and all infrastructure works.
· Maintenance and Monitoring of Building Electrical equipment, UPS, Generators, assessing/reviewing the Power Requirements for the buildings.

Techno-economic feasibility studies of Industrial Projects including Infrastructural Projects, drawing up revival/rehabilitation packages of industrial units under the purview of CDR, post Sanction monitoring of industrial projects during implementation and regular operations,

Dearness Allowance, HRA, CCA, Medical Aid, Reimbursement of Hospitalization expenses, Leave Fare Concession etc. and Perquisites like Conveyance, Quarters, Furniture etc., depending on the place of posting shall be available as per rules.

Canara Bank Specialist Officer Salary and allowances

Salary and Allowances

Amount

Basic Pay

Rs 23,700

Dearness Allowances (DA)

36 % of Basic (Rs 8605.88)

House Rent Allowances (HRA)

7-9 % of Basic

Special Allowances

7.75 %

City Compensatory Allowances (CCA)

0, 3, or 4 %

Provident Fund (PF) Contribution

Rs 3000-3500

The total Canara Bank Specialist Officer salary after revision comes around

For Metro Cities- Rs. 30758/-

For State Capitals- Rs. 30448/-

For District Level and Rural Areas- Rs. 29927.5/-

Canara Bank Specialist Officer – Benefits

Specialist officers will get fewer transfers as compared to general bankers

Job assurance is very high- job security

Same promotions as general bankers

Promotion hierarchy as Specialist officer of Canara Bank-

Top Management – Scale 7 – General Manager.

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Top Management – Scale 6 – Deputy General Manager

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Senior Management – Scale 5 – Asst. General Manager

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Senior Management – Scale 4 – Chief Manager

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Middle Management – Scale 3 – Senior Manager

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Junior Management – Scale 2 – Manager

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Junior Management – Scale 1 – Officer / Assistant Manager

Here in this article, we have discussed Canara Bank specialist officer salary, post details, eligibility criteria including minimum qualification, age limit. We have also discussed their job profile to get a clear picture of the type of work specialist officer has to perform in the bank. Discussed Canara bank specialist officer salary, allowances, benefits of fetching this job, as well as a promotional hierarchy in detail.